ICICI Prudential Balanced Advantage Fund - IDCW

ICICI Prudential Balanced Advantage Fund - IDCW is a scheme launched by ICICI Mutual Fund on December 30, 2006, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 65,710.61 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.44% for managing the portfolio.

• Investing Strategy:

  To provide capital appreciation/income by investing in equity and equity related instruments including derivatives and debt and money market instruments.

• Performance:

  ICICI Prudential Balanced Advantage Fund - IDCW trailing returns over different times are -2.49% (1 year), 2.37% (3 year) and 4.38% (5 year). The average annual return of this fund stands at 8.49%.